PACCAR Stock Account definition

PACCAR Stock Account. Means a bookkeeping entry established on behalf of the Executive who elected to participate in the Plan. A deferred Award shall be credited to the Stock Account as of January next following the Year in which such bonus Award was earned. The initial account balance will be equal to the number of shares of PACCAR Common Stock that the Deferred Award could have purchased at the average closing market price for the first five (5) business days the market is open in January. Thereafter, any dividends earned will be treated as if those dividends had been invested in additional shares at the closing market price on the date the dividends are paid. Account balances will be adjusted pursuant to Article 10 of the Long Term Incentive Plan.
PACCAR Stock Account means the account to which is credited a Member's share of Company Contributions pursuant to Article 5, as more specifically described in Article 7. (ad)

Examples of PACCAR Stock Account in a sentence

  • Payment of the PACCAR Stock Account will be paid in shares of PACCAR Common Stock at the end of the deferral period.

  • Jahrhunderts eine Struktur immer deutlicher, die diesem ersten Eindruck widerspricht: Der technologische Komplex aus Computern, Digitalität und Internet ermöglicht und erzwingt eine fortdauernde Fabrikation von Subjekten, Objekten und Kollektiven als einzigartige.

  • The Company shall credit to each Member's PACCAR Stock Account the amount of any Company Contributions allocated as of the last day of the Plan Year.

  • All PACCAR Stock Accounts shall be invested in the PACCAR Stock Fund, and a Member's PACCAR Stock Account shall be adjusted to reflect earnings, losses and expenses attributable to his interest in the PACCAR Stock Fund.

  • Finally, the respondents from the Rakhine and Kayin States Parliaments claimed that they wanted to elect their own Chief Minister.82 Currently, subnational parliaments do not have the power to elect the Chief Minister of their States and Regions according to Section 261 of the 2008 Constitution.83 Administrative Decentralization: In addition to consti- tutional constraints, the legislatures also identified that the coordination with bureaucrats is one of the barriers for effective legislation.

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  • All compensation deferred under this Plan after January 1, 2004 will be paid as a single lump sum payment of cash from the income account and shares of PACCAR stock from the PACCAR Stock Account in the first month following termination.

  • In the event of a Change of Control of the Company, as defined in the PACCAR Inc Long Term Incentive Plan Section 16.4(i) through (iv), each Executive shall be entitled to the lump sum payment of his or her Income and/or PACCAR Stock Account.

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  • Archived (https://web.ar chive.org/web/20170419084812/https://www.engadget.com/2007/11/05/symbian-nokia-microsoft-and-apple-downplay-androi d-relevance/) from the original on April 19, 2017.

Related to PACCAR Stock Account

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Unit Account means a notional account opened and managed by Us for You, in which the Units are allocated following the receipt of the Premium from You and in which the Units are cancelled by Us for the purpose of paying the benefits or for recovering the applicable charges;

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Employer Stock means securities of the Employer which constitute "qualifying employer securities" with respect to the Plan within the meaning of Section 407 of ERISA.

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Retirement fund means the "Washington law enforcement

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.